Capital de développement – Financement par dette

📋 Eligible Entities - Corporations: Private companies operating in Quebec or with Quebec operations - Business acquirers: Companies seeking to acquire existing businesses - Growth-stage enterprises: Established businesses looking to expand or improve operations - Multi-jurisdictional operators: Quebec-based companies acquiring businesses outside the province - Minimum requirements: Typically requires demonstrated financial stability and viable business plan ### 💰 Funding Details - Maximum loan amount: Up to $100 million CAD - Funding structure: Debt financing (repayable loan, not a grant) - Interest rates & terms: Subject to lender assessment and market conditions - Repayment obligation: Full repayment required with interest - Collateral: Security/collateral requirements determined by lender - Leverage: Structured to support acquisition and growth financing needs ### 🛠️ Approved Expenses - Business acquisitions: Purchasing existing enterprises in Quebec or internationally - Growth and expansion: Capital investments to expand operations - Productivity improvements: Equipment, technology, or infrastructure upgrades - Working capital: Funding operational needs post-acquisition - Asset purchases: Tangible assets required for business operations - Integration costs: Expenses related to consolidating acquired businesses ### ⚠️ Conditions & Milestones - Business plan requirement: Detailed acquisition and growth strategy must be submitted - Financial viability assessment: Lender evaluation of borrower's creditworthiness and repayment capacity - Acquisition targets: Must identify specific business(es) to acquire or provide clear acquisition criteria - Timeline: Funds disbursed upon approval and satisfaction of lending conditions - Ongoing compliance: Regular financial reporting and performance monitoring required - Use of funds: Money must be deployed for approved purposes within agreed timeframe - Debt covenants: Standard lending agreements with financial and operational requirements